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(IRFC_NI) Tax Free complete technical analysis [charts+indicators] | Buy/Sell Tax Free | (IRFC_NI) share price targets

Complete technical analysis of Tax Free (IRFC_NI) by charts plus indicators, forecast predictions and share price targets for Tax Free (IRFC_NI)

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Tax Free is 172

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	1058.99	1059.90	1059.90	1058.99	0.023 times
26 Mon Feb 2024	1047.35	1047.35	1047.35	1047.35	2.302 times
23 Fri Feb 2024	1059.99	1059.99	1059.99	1059.99	1.453 times
20 Tue Feb 2024	1055.00	1054.50	1057.89	1054.05	2.372 times
19 Mon Feb 2024	1058.19	1047.01	1058.19	1047.01	2.953 times
15 Thu Feb 2024	1043.01	1043.01	1043.01	1043.01	0.012 times
14 Wed Feb 2024	1041.65	1041.65	1041.65	1041.65	0.267 times
13 Tue Feb 2024	1040.01	1040.01	1040.01	1040.01	0.012 times
08 Thu Feb 2024	1037.40	1037.40	1037.40	1037.40	0.012 times
07 Wed Feb 2024	1036.72	1036.72	1036.72	1036.72	0.006 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1055.7, but if it comes below 1055.7, then a intra day sell could be more profitable.
If you take a sell trade below 1055.7, then use 1055.7 as stoploss and 1047.68 as target. However if you take a buy trade in stock , then use 1055.7 as stoploss and 1065.3 as target.

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1010.00
Downside Target	1047.70
Downside Target	1048.75
Downside Target	1049.79
Downside Target	1049.90
Downside Target	1058.50
Upside Target	1059.90
Upside Target	1059.99

Intraday share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Intraday Target	1050.93
Downside Intraday Target	1042.86
Upside Intraday Target	1063.48
Upside Intraday Target	1067.96
Downside Intraday Target	1055.41

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	1058.99	1047.35	1059.90	1047.35	0.343 times
23 Fri Feb 2024	1059.99	1047.01	1059.99	1047.01	23.32 times
15 Thu Feb 2024	1043.01	1040.01	1043.01	1040.01	0.481 times
08 Thu Feb 2024	1037.40	1048.75	1048.75	1036.72	0.131 times
02 Fri Feb 2024	1048.75	1057.30	1058.50	1031.30	1.576 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tax Free (IRFC_NI)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	1058.99	1057.08	1059.99	1035.76	2.93 times
31 Wed Jan 2024	1031.30	1030.00	1059.90	1030.00	0.413 times
29 Fri Dec 2023	1038.00	1040.00	1049.90	1031.11	1.454 times
30 Thu Nov 2023	1040.00	1038.99	1049.79	1030.00	0.232 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Tax Free (IRFC_NI)

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tax Free stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Tax Free in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tax Free Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Tax Free in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tax Free is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1054.46 and Tax Free (IRFC_NI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Tax Free (IRFC_NI) stock. Volume based technical analysis of Tax Free (IRFC_NI) stock is negative.

Tax Free Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.